Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Volvo Trucks, a truck manufacturer, is to lay off 400 employees at two of its sites in Sweden. 250 employees at the Gothenburg site and 150 employees at Unea have been affected. 200 part-time employees are also to be laid off in Ghent, Belgium. The lay offs are a result of the declining automative market, and follow a preceding large number of lay offs in October.
According to Stefan Karlsson at Volvo Trucks corporate communications, the hope is to be able to include the most recent noticecs into the same time period as the ones given a month ago. Thereby the time limit will be the same for both notices (April 2009) and hopefully will be carried out before October. However, negotiations with the trade unions are not yet fully carried out and if it is not possible to merge the two notices, the timeline for this one will be delayed by one month: completed in May 2009 and be carried out before the end of November, 2009.
Volvo trucks is one of the largest truck manufacturers in the world.
Eurofound (2008), Volvo Trucks, Internal restructuring in Sweden, factsheet number 67436, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67436.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
